Why these 4 ASX shares pushed higher today

The benchmark the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) has returned to form on Thursday and finds itself up over 0.5% to 5,934 points in afternoon trade.

Four shares that have climbed more than most today are listed below. Here’s why they have pushed notably higher:

The Altium Limited (ASX: ALU) share price has climbed 4.5% to $20.84 despite there being no news out of the software-as-a-service company. But considering its shares took a bit of a tumble yesterday, I suspect some investors have taken up the opportunity to buy this quality company’s shares at a more attractive price. I’m a big fan of Altium and think it would be a great long-term investment option even after its stellar share price run.

The Blackham Resources Ltd (ASX: BLK) share price has rocketed 43% higher to 7.6 cents after the gold miner released an update on its production. According to the release, Blackham achieved record monthly gold production of 6,713 ounces during February. Another big positive was its low all-in sustaining cost of A$912 per ounce in February compared to the average realised gold price of A$1,670 per ounce.

The Galaxy Resources Limited (ASX: GXY) share price has bounced back from a series of declines with a 2.5% move higher to $2.99. Galaxy and the rest of the lithium miners have come under pressure in recent weeks amid concerns over the prospect of an oversupply of lithium in the future. Some analysts believe this will weigh heavily on lithium prices.

The Nufarm Limited (ASX: NUF) share price is up around 2.5% to $8.33 after the crop protection company announced that the European Commission has approved its acquisition of the Century portfolio from Adama Agricultural Solutions of Israel and Syngenta AG of Switzerland. The company expects to complete the acquisition in the next week.

Looking for the next share to push higher? My money is on these top shares.

The Disruptors: 3 Revolutionary Aussie Companies to Back for 2018

We’re living in one of the most exciting times in investing history. Innovation and a booming culture of entrepreneurship are constantly creating new companies with the potential to make forward-thinking investors very rich. Now more than ever, one small, smart investment could make a huge difference to your wealth.

That’s why at The Motley Fool we’ve been scrutinizing the ASX to uncover the kinds of companies that we believe could turn into the next Cochlear or REA Group.

We’ve found three exciting companies that we believe re poised to perform in the new year. Click here to uncover these ideas!

Motley Fool contributor James Mickleboro owns shares of Galaxy Resources Limited. The Motley Fool Australia owns shares of Altium. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…


The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!